US30 Rejection at Channel Resistance

US30 is showing a repeated pattern of rejection at the upper boundary of the descending channel. Price has now tapped this trendline for the fourth time, forming a consistent bearish structure.
Price rejected again at the top of the descending channel (marked by orange circles)

Clear sell setup with stop above the most recent swing high, targeting the lower channel boundary around 44,200, aligning with past demand.
Short below 44,685
Target: 44,200
Stop: Above recent highs near 44,913
Risk/Reward: Favourable if structure holds. If this pattern plays out as before, we can expect another push to the downside within the channel.
A break and retest of the midline could add extra confirmation.

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